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How to Recover from Trade Losses in the Global Financial Market: A Fibonacci Symmetrical Loss Recovery Trading System for Online Currency Trading

How to Recover from Trade Losses in the Global Financial Market: A Fibonacci Symmetrical Loss Recovery Trading System for Online Currency Trading

          
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About the Book

This book develops the Loss Recovery Trading System (LRTS) and demonstrates how you can recover from losing trades in the online currency market. The strategy ultimately turns losing trades into net profit position before exit. It is practically designed to combine different order types to manage your trades to breakeven or net profit. It is a product of a well-conducted research with practical live trading examples to illustrate that you can not only recover from your loss position in your currency trading but turn same into net profit regardless of the market direction. This is an uncommon trading and recovery strategy you may not have found or read anywhere. It symmetrizes the Fibonacci numbers into a trading system that can recover losses when your setup fails.Lots scale-out and scale-down; position locking, price action and chart pattern breakout are the ultimate and advanced strategies used to turn a losing position to net profit. When the LRTS rules are rigidly followed, your trades always close with a profit factor of greater than one.The LRTS has a formula or an add-on program that can be used to predetermine the optimal position size and manage your risk to achieve net profit without the fear of a margin call or stop-out. By defusing the risk normally associated with leverage, the system encourages the use of high leverage to its advantage. No other system boosts trading confidence like the LRTS as in this book.
About the Author: Sunny A. Oroge is a graduate of Economics from the University of Benin and Action Learning MBA from the Business School Netherlands. He is also an astute Investment Banker with hands-on training with the renowned Continental Merchant Bank Plc. (Formerly Chase Merchant Bank). He is an Associate member of the Chartered Institute of Stockbrokers (ACS) and Certified Member of the Pension Institute (ACIP) both of Nigeria. He is a Strategic Trader and Funds Manager with trading skills that cut across all the Global Financial Markets. He has advanced Proficiency certification in Options Trading and Strategies from The Options Institute, Chicago Board Options Exchange (CBOE). Other areas of specialization and proficiency include Trading Systems and Plans, Inter-market relationships, Market Sentiments, Risk Management and Securities Trading Psychology. He currently trains and mentors individuals and groups in trading stocks, Forex, Futures and Options electronically in the global securities markets. He is also the author of the book for beginners in online currency trading: "Essentials of Currency Trading for Beginners: A complete Currency Trading Course for Beginners".


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Product Details
  • ISBN-13: 9781718738140
  • Publisher: Createspace Independent Publishing Platform
  • Publisher Imprint: Createspace Independent Publishing Platform
  • Height: 280 mm
  • No of Pages: 148
  • Spine Width: 10 mm
  • Weight: 489 gr
  • ISBN-10: 1718738145
  • Publisher Date: 01 Sep 2018
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: A Fibonacci Symmetrical Loss Recovery Trading System for Online Currency Trading
  • Width: 216 mm


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